RNS Number:1985F
Originated Mortgage Loans 1 PLC
16 December 2002

As Agent Bank, please be advised of the following rate determined on: 
16-DEC-2002.

Issue             : ORIGINATED MORTGAGE LOANS 1 PLC CLASS B 
                    #10,000,000 MORTGAGE BACKED FRN DUE 2029 
ISIN Number       : XS0088533988
Issue Nominal GBP : 10,000,000.00 
Period            : 16-DEC-2002  To  15-JAN-2003    Payment Date  15-JAN-2003 
Number of Days    : 30 
Rate              : 5.76375
Denomination GBP  : 10,000,000.00 
Amount Payable
Per Denomination  : 47,373.29 

From:
Institutional    Telephone 44 (0) 1202 34 1286
Trust Services   Facsimile 44 (0) 1202 34 7438




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